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Gustav Söderström

Gustav Söderström

Spotify says premium subscribers hit 300 million as profit beats expectations
Business News

Spotify says premium subscribers hit 300 million as profit beats expectations

Spotify's monthly user base rose 12 percent in the second quarter and operating profit was higher than analysts' expectations. But the stock is down after the report
Spotify shares fall after quarterly report despite beating user and profit expectations
Business News

Spotify shares fall after quarterly report despite beating user and profit expectations

Spotify's stock is falling after a quarterly report in which the Stockholm-based streaming service beat expectations for user numbers in the first quarter. Profits rose above expectations, but the profit forecast for the second quarter came in slightly below what the market had expected
Spotify starts with audiobooks – launches today
Entertainment NewsTop News

Spotify starts with audiobooks – launches today

"As of today, audiobooks are available on Spotify – a news that shakes up literary Sweden. It's a truly fantastic day for us at Spotify," says incoming CEO Alex Norström
Daniel Ek to Step Down as Spotify CEO, Becomes Chairman
Business NewsTop News

Daniel Ek to Step Down as Spotify CEO, Becomes Chairman

The founder Daniel Ek is stepping down from the CEO position for the streaming service Spotify at the turn of the year and will then get two replacements. I have developed from being a player to becoming more like a coach, explains Daniel Ek
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